It is a very simple idea to use the power of compound interest

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It is a very simple idea to use the power of compound interest  Smart people are easily attracted by complex things, and underestimate the great influence and importance of simple ideas. But Monish Pabrai is a full pragmatist, and he will not fall into this trap. "It is a very simple idea to use the power of compound interest, a very simple idea to imitate, and a very simple idea to be honest." He said. However, when you apply some powerful ideas with great enthusiasm, the cumulative effect is "incomparable".

God, gold and glory

God, gold, and glory



 In the long run, there are no more than three G's to promote the progress of human civilization: God, gold, and glory. The science and art of the ancient Greeks are for glory. Many studies have no direct application value, and their feelings are amazing. However, the replicability of other civilizations is not optimistic; In the middle ages, the great expansion of Islam relied on the strong welding power given by God. However, when Ma Fang Nanshan was released, it was the beginning of the decline of this civilization; Throughout the history of mankind over the past 2000 years, only the profit factor represented by gold is the universal driving force that transcends all nations and cultures.


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